Ohio § 1706.766
Full text of Ohio Ohio Revised Code § 1706.766, with citation guidance and answers to common questions.
§ 1706.766.
(A) A person who has dissociated as a member associated with a series shall have no right
to participate in the activities and affairs of that series and is entitled only to
receive the distributions to which that member would have been entitled if the member
had not dissociated from that series. (B) A person's dissociation as a member associated with a series does not of itself discharge
the person from any debt, obligation, or liability to that series, the limited liability
company, or the other members that the person incurred while a member associated with
that series. (C) A member's dissociation from a series does not, in itself, cause the member to dissociate
from any other series or require the winding up of the series. (D) A member's dissociation from a series does not, in itself, cause the member to dissociate
from the limited liability company.
Frequently Asked Questions About Ohio § 1706.766
What does Ohio Revised Code § 1706.766 cover?
Section 1706.766 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 1706.766?
A common citation format is "Ohio Revised Code § 1706.766" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 1706.766 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.